Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Citi Trends Inc Market Cap
The Citi Trends Inc (CTRN) share price is expected to increase by 10.71% over the next year. This is based on calculating the average 12-month share price estimate provided by 3 stock analysts who have covered CTRN. Price targets range from $20 at the low end to $35 at the high end. The current analyst consensus for CTRN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Citi Trends Inc has a total of 3 Wall St Analyst ratings. There are 2 buy ratings, 1 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Citi Trends Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of CTRN.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Michael Baker DA Davidson | Buy | $28 | Maintains | Dec 4, 2024 |
| Jeremy Hamblin Craig-Hallum | Hold | $20 | Maintains | Dec 4, 2024 |
| Jeremy Hamblin Craig-Hallum | Hold | $14 | Maintains | Aug 28, 2024 |
| Michael Baker DA Davidson | Buy | $20 | Maintains | Aug 28, 2024 |
| John Lawrence Benchmark | Buy | $35 | Reiterates | Jun 5, 2024 |
| Jeremy Hamblin Craig-Hallum | Hold | $25 | Maintains | Jun 5, 2024 |
| Jeremy Hamblin Craig-Hallum | Hold | Downgrade | Mar 20, 2024 | |
| John Lawrence Benchmark | Buy | $35 | Reiterates | Mar 20, 2024 |
| Jeremy Hamblin Craig-Hallum | Hold | $27 | Downgrade | Mar 19, 2024 |
| John Lawrence Benchmark | Buy | $35 | Reiterates | Sep 13, 2023 |
| John Lawrence Benchmark | Buy | $35 | Reiterates | Aug 23, 2023 |
| Jeremy Hamblin Craig-Hallum | Buy | $32 | Upgrade | Aug 23, 2023 |
| Michael Baker DA Davidson | Buy | $21 | Initiates | Jun 27, 2023 |
| John Lawrence Benchmark | Buy | $35 | Reiterates | May 24, 2023 |
| John Lawrence Benchmark | Buy | $35 | Reiterates | May 22, 2023 |
| John Lawrence Benchmark | Buy | $35 | Maintains | Mar 22, 2023 |
| Jeremy Hamblin Craig-Hallum | Hold | $20 | Maintains | Mar 22, 2023 |
| Chuck Grom Gordon Haskett | Hold | $18 | Upgrade | Oct 17, 2022 |
| Jeremy Hamblin Craig-Hallum | Hold | Downgrade | May 20, 2022 | |
| Dana Telsey Telsey Advisory Group | Outperform | $65 | Maintains | Mar 9, 2022 |
When did it IPO
2005
Staff Count
2,700
Country
United States
Sector/Industry
Consumer Cyclical/Apparel Retail
CEO
Mr. Kenneth Duane Seipel
Market Cap
$215.3M
In 2023, CTRN generated $795.0M in revenue, which was a decrease of -19.83% from the previous year. This can be seen as a signal that CTRN's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 03 Dec 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Citi Trends, Inc. (NASDAQ: CTRN) will hold its Q3 2024 earnings conference call on December 3, 2024, at 9:00 AM ET, featuring CEO Ken Seipel and CFO Heather Plutino.
Why It Matters - Citi Trends' Q3 2024 earnings call may reveal financial performance, guidance, and strategic insights, impacting stock valuation and investor sentiment.
Tue, 03 Dec 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Citi Trends, Inc. (NASDAQ: CTRN) reported Q3 2024 total sales of $179.1 million, down 0.3% year-over-year, while comparable store sales rose 5.7%.
Why It Matters - Citi Trends' slight decline in total sales but strong comparable store sales growth indicates resilience and potential for future profitability, attracting investor interest in a competitive retail market.
Tue, 03 Dec 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Citi Trends reported Q3 2024 comparable sales growth of 5.7% but faced margin pressures. A $50 million stock repurchase signals confidence as they target pre-pandemic EBITDA margins and store expansion.
Why It Matters - Citi Trends' Q3 growth indicates operational strength, but margin pressures and a small market cap may limit appeal. Store expansion and buybacks suggest future potential, yet risks remain.
Tue, 19 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Citi Trends, Inc. (NASDAQ: CTRN) will release its Q3 2024 earnings on December 3, 2024, before market opening, and host a conference call at 9:00 a.m. ET.
Why It Matters - Citi Trends' upcoming earnings release and conference call may influence stock performance, providing insights into financial health and growth potential, impacting investment decisions.
Tue, 19 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Citi Trends Inc. appointed Kenneth Seipel as CEO, effective November 18, 2024. Peter Sachse becomes Chairman of the Board. Preliminary Q3 2024 results to be announced soon.
Why It Matters - Citi Trends' CEO appointment signals leadership stability, which can boost investor confidence. Preliminary Q3 results may impact stock performance and future growth expectations.
Tue, 27 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Citi Trends, Inc. (NASDAQ: CTRN) held its Q2 2024 earnings call on August 27, 2024, featuring interim CEO Ken Seipel and CFO Heather Plutino among other participants.
Why It Matters - Citi Trends' Q2 earnings call highlights management insights and financial performance, influencing stock valuation and investor sentiment. Key participants may signal strategic shifts or market outlook.
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